697 1/2 N 5th St
Newark City, NJ 07107
Price: $575,000
GSMLS: 4032996Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: 1962
Acres: 0.04
Property Tax: $5,762
Description
Opportunity awaits with this well-located two-family property in Newark's desirable North Ward. Conveniently situated near public transportation, major highways, schools, shopping, dining, houses of worship, and the renowned Branch Brook Park. This income-producing property offers separate living spaces, making it ideal for investors or owner-occupants seeking rental income. Features include an oversized basement providing ample storage and potential for additional use, subject to local regulations. Enjoy easy access to recreation, commuter routes, and neighborhood amenities. A fantastic opportunity to add value and build long-term wealth in a strong rental market.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Finished-Partially
Interior:
n/a
Roof:
Flat
Exterior:
Stucco
Lot Size:
16.10X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$575,000
Tax Amount:
$5,762
Land Assessment:
$40,900
Build. Assessment:
$103,200
Total Assessment:
$144,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4032996
List Date:
06-08-2026
Days On Market:
0
Listing Broker:
THE THOMPSON REALTY GROUP
Listing Agent:
Bridget Papino
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
